Performance of Public Sector Undertaking (PSU) in Nagaland and its Relevance to Restoring Fiscal Responsibility
Journal Title: International Journal of Humanities and Social Sciences - Year 2017, Vol 6, Issue 3
Abstract
The paper finds that the revival of public sector units and enhancing feasibility of power distribution companies are keys to sustaining fiscal responsibility. Effective steps should be taken by the Government to increase profitability in the Government Companies. The Government should identify the Companies/Corporations which are able with low financial but high socio-economic returns and analyse if high cost borrowings need to be invested in those Companies/Corporations. The general policy should be to gradually reduce financial and budgetary support to all the Public Sector Undertakings so as to make them stand on their own feet. The Government should not hesitate to close down the unviable sick PSUs. Restoring Balance Budget will necessitate bold and difficult reforms in government programs like ‘perform or perish’ and strict adherence to fiscal consolidation.
Authors and Affiliations
KELIIHOL TASE
Keywords
Related Articles
- EP ID EP251386
- DOI -
- Views 114
- Downloads 0
Change in the Authority and Status of the Aged: Emerging Challenges and Issues
In Ladakh, experience of aging is not same today as it was in earlier. The social and economic roles of older persons, their expectations of the community, as well as what society expects of them, are in many ways greatl...
Investigating the Influence of Leadership on Employees' Loyalty in the Private Education Sector in Egypt
The purpose of this paper is to investigate the relationship between ethical leadership and Empowering Leadership on employee loyalty (Organizational Commitment) and its two dimensions namely, affective commitment (AC) a...
Is the Acquisition of English as a Second Language Still a Perennial Problem to the Rural Students of Tamil Nadu
Oral communication is a complex and multifaceted language process. The proponents of various approaches to English Language Teaching claim that, the ultimate aim of language teaching is, to help learners take part in mea...
Social Revolutions and Their Value Bases: The Role of Ideas in the Revolutionary Transformation of Society
This paper will examine social revolutions whether they had social bases or not. It will also try to find out if the ideas played revolutionary role in the transformation of society or not. This paper will try to conside...
Correlates of Knowledge and Adoption About Soil Testing Techniques and its Recommendations with Profile of Orange Growers
The research study was conducted in Warud and Morshi talukas of Amravati district (Vidarbha region) of Maharashtra with exploratory design of the social research during 2015-16. Multistage sampling method was used for th...